Remove Renovation Remove Sales Remove Seller concession
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How non-QM loans boost mortgage originator for success in 2025

Housing Wire

Avoid financing, and you risk missing out on a sales growth opportunity. Beyond that, Deephaven allows up to 3% seller concessions at closing. Equity solutions Home renovations and debt consolidation are two avenues toward financial prosperity for borrowers. Finance a loan, and you may lose money.

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How Long Should You Live in a House Before Selling? Here’s What to Consider

Redfin

And when selling a home, more home equity often equals more flexibility youll have in timing the sale of your property. These costs can vary depending on the sale price and location of the property. Upfront costs Upfront costs generally describe expenses incurred to make the property ready and optimized for sale.

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What Is an Appraisal Gap? How It Works and What Buyers Should Know

Redfin

Prices increasing fast: Prices rise quickly in hot markets but appraisals rely on older sales data that may not reflect the latest trends. Limited recent sales nearby: In neighborhoods with few homes for sale, there may not be enough recent data to support a high appraisal. Do appraisal gaps affect refinancing?

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How Much Equity Do I Have in My Home? Here’s How to Calculate Home Equity

Redfin

Foreclosure can damage your credit score, so you may want to consider a short sale if this is the case. However, your lender will need to agree to a short sale so its best to speak with them as soon as you can. What happens to your home equity when you sell? When you sell your home , any equity you have will be given to you in cash.

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Selling your home? Make sure you’re aware of hidden costs

Housing Wire

From staging fees, home improvements, repairs and seller concessions, there are several hidden costs involved in the selling process. Home improvements and renovations are also important to buyers. According to Redfin, the average real estate commission is 5%–6% of the home’s sale price. Seller Concessions.

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What is a home appraisal gap?

Housing Wire

Four renovations to consider before selling your house. This leaves you with three options if you want to move forward with the sale. Ask for seller concessions to make up for the increased price. Change your closing date to a more convenient one for the seller. But what does it mean for you as the buyer?

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How Much Should I Budget to Sell My House? Here’s the Average Cost

HomeLight

We break down what the cost of a home sale could look like based on the average U.S. home sales price of $453,300, as reported by the Federal Reserve Bank of Saint Louis. Accounting for your payoff amount will help you determine how much cash you’ll net after your home sale closes. Sample seller expenses for a $453,300 house.